Sep 2013
Author(s): Rasteletti, Alejandro; Pineda, Emilio; Hernaiz, Daniel
Este documento analiza las ventajas y desventajas de utilizar reglas fiscales que no consideren la inversión pública en las metas establecidas. El documento también presenta la experiencia…
Sep 2013
Author(s): Ruprah, Inder J.
This policy brief reviews whether the size of a country limits economic growth. Diseconomies of scale, indivisible fixed costs and geographic barriers represent intrinsic characteristics of small…
Sep 2013
Author(s): Ruprah, Inder J.; Melgarejo, Karl Alexander
In this policy brief, we focus on the debates surrounding what has been called the "silent debt crisis" of the Caribbean. We discuss the level of debt at which the relation with economic…
Aug 2013
Author(s): Weinschelbaum, Federico; Puente, Manuel; Galiani, Sebastián
Latin America has a comparative advantage in deforestation compared to other forms of climate change mitigation. Thus, to the extent that Latin America should engage in mitigation, the optimal…
Jul 2013
Author(s): Borensztein, Eduardo; Piedrabuena, Bernardita; Ossowski, Rolando; Mercer-Blackman, Valerie; Miller, Sebastián J.
El manejo adecuado de los ingresos fiscales por Recursos Naturales No Renovables (RNNR) busca cumplir tres objetivos: evitar la desestabilización macroeconómica, redistribuir equitativamente la…
Jul 2013
Author(s): Santiso, Carlos; Varea, Marco
En la última década, los Parlamentos han mostrado cada vez más interés y han tenido más protagonismo en el proceso presupuestario al demandar mayor información sobre el desempeño del gobierno en su…
Jun 2013
Author(s): Paes-Sousa, Romulo; Regalia, Ferdinando; Stampini, Marco
Conditional Cash Transfer (CCT) programs have become the main social assistance interventions in Latin America and the Caribbean (LAC), reaching 129 million individuals in 18 countries in 2010.…
Jun 2013
Author(s): Paes-Sousa, Romulo; Regalia, Ferdinando; Stampini, Marco
Los programas de transferencias monetarias condicionadas se han transformado en las principales intervenciones para asistencia social en América Latina y el Caribe. En 2010 alcanzaron a 129 millones…
Apr 2013
Author(s): Coelho, Isaias
Drawing on the innovative sources of financing for public security that have developed in Latin American and the Caribbean in recent years, this paper reviews the main revenue instruments that can be…
Mar 2013
Author(s): Tres, Joaquim
La Cooperación Sur-Sur (CSS) ha surgido con gran ímpetu en los últimos cinco años e iniciado su consolidación en América Latina y el Caribe (ALC), contribuyendo al aumento del número de actores, de…
Jan 2013
Author(s): Galindo, Arturo; Rojas-Suárez, Liliana; del Valle, Marielle
The importance of having in place a financial regulatory framework that includes macro-prudential regulations was fully recognized during the recent global financial crisis. A central lesson from…
Dec 2012
Author(s): Zotz, Ann-Kathrin
This paper focuses on carbon-intensive export industries in Latin America and the Caribbean in order to analyze how climate change mitigation policies in the developed countries of the Organization…
Nov 2012
Author(s): Stampini, Marco; Tornarolli, Leopoldo
Conditional Cash Transfers (CCTs) are an endogenous innovation from Latin America and the Caribbean (LAC) that aims to reduce current poverty while developing the human capital of the next generation…
Nov 2012
Author(s): Fernández, Jorge; Miller, Sebastián J.
The effectiveness of carbon markets in the reduction of emissions at minimal cost requires several conditions. In a dynamic context the inter-temporal dimension adds new conditions for the desirable…
Oct 2012
Author(s): Cavallo, Eduardo A.; Fernández-Arias, Eduardo
Europe faces challenges reminiscent of Latin American financial crises. The failure of recent liquidity support to normalize the situation in Europe suggests the need to refocus the policy debate on…
Sep 2012
Author(s): Ter-Minassian, Teresa
This paper aims to provide an overview of the current state of taxation in the Latin America and Caribbean (LAC) region, and its main reform needs and options. It previews the findings of recent…
Sep 2012
Author(s): Rodríguez-Montemayor, Eduardo
In today's globalized world, goods and capital are flowing as never before. The movement of people across borders has also enlarged significantly. About 215 million people live away from their…
Jul 2012
Author(s): Marcel, Mario; Cabezas, Mabel; Piedrabuena, Bernardita
El presente resumen de políticas realiza una revisión sistemática de la metodología de estimación del Balance Estructural (BE) en Chile. Esta revisión no sólo recapitula y evalúa la justificación de…
Jul 2012
Author(s): Armendáriz, Edna; De León, Wendy; López de Mesa, Paloma
Este documento aplica el marco analítico de diagnóstico de crecimiento para identificar las restricciones más activas que impiden un crecimiento económicomás acelerado en Guatemala y su convergencia…
Jun 2012
Author(s): Filc, Gabriel; Scartascini, Carlos
Dada la evidencia existente de que pueden existir beneficios tangibles en términos de sostenibilidad, eficiencia y efectividad del gasto público de una utilización más plena de los presupuestos por…